Cost-Benefit Analysis for the Concentrated Solar Power in China

Table 2

Parameters values and data related to the CSP systems of China.

Basic parameter	Values
Benchmark FIT (P) [2]	RMB1.15/kWh
Initial investment (II)	See Table 1
O&M costs ratio (OM) [29]	2%
Operation period () [29]	25 years
Repayment period [31]	15 years
Long-term loan rate (r)	4.9%
VAT rate () [22]	17%
Additional taxes ratio () [22]	8%
Proportion of self-consumption electricity () [31]	10%
Annual generation electricity ()	See Table 1
Construction costs ratio (C) [26]	96%
Insurance expenses ratio (I) [14, 30]	0.5%
Construction period () [28]	2 years
Depreciation period [22]	15 years
Discount rate () [31]	10%
Income tax rate () [22]	15%
Loan ratio [28]	80%